The net present value of the project is $0.15 million.
What is the net present value?
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
The first step is to determine the cash flow of the project.
Cash flow = (sales - cost - depreciation) × (1 - tax) + depreciation
Depreciation = (cost of the asset ) / useful life
Depreciation = $2.18 million / 3
Depreciation = 0.727 million
Cash flow = (1.645 - 0.61 - 0.727) x (1 - 0.21) + 0.727 = $0.97 million
Net present value = -2.18 million + 0.97 / 1.12 + 0.97 / 1.12² + 0.97 / 1.12³ = $0.15 million
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Which of the following would not be classified as a long-term liability?
a. Current maturities of long-term debt
b. Bonds payable
c. Mortgage payable
d. Lease liabilities
a. Current maturities of long-term debt would not be classified as a long-term liability.
In the field of business, a long-term liability can be described as a liability that helps in generating long-term revenue for a company or is valuable for a long period of time.
The current maturity of long-term debt will not be a long-term liability, it will be a current liability. This is because the debt that is taken on long-term will be used in the current time but will be paid in a long term. Hence, it will not prove to be valuable in the long term and will not be a long-term liability.
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The length of time for which a business summarizes its financial information and reports its financial performance.
a. Fiscal period
b. Fiscal year
c. Work sheet
d. Trial balance
The length of time for which a business summarizes its financial information and reports its financial performance is known as fiscal period.
The fiscal period is calculated in what way?The end of any given 12-month period coincides with the beginning of a company's fiscal year. For illustration, FY 2021 would be the fiscal year that ran from May 1 to April 30, 2020. Additionally, fiscal years always conclude on the final day of the month, unless it is December (in which case it would simply be a calendar year).
What does the fiscal period finish mean?The conclusion of your company's financial year is sometimes referred to as the fiscal year finish. Your company's legal structure will determine when the fiscal year ends. To find out more about the end of your company's fiscal year, look at the topics below: revenue from corporations.
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as the human resources manager, john knows it is important for the company to develop a program for expatriates who return to work at the home office. what type of program is john referring to?
The human resources manager, john knows it is important for the company to develop a program for expatriates who return to work at the home office. Here, John is referring to mentoring program.
What is mentoring program?
A coaching strategy that may be used offline or online is a mentorship programmed. A mentor with experience in a certain industry and a mentee who wants to learn new things throughout the programmed sessions both engage in the mentoring programmed. A mentorship programmed also allows for two-way dialogue where mentors can impart information and mentees may voice any concerns they may have regarding their professional lives.
Individual coaching: Based on the mentor's experience and the mentee's requirements for self-development, a mentor and mentee make a good fit. The program's length and structure are determined by the mutually agreed-upon timeline.When the mentor and mentee are in separate places, distance mentoring, also known as virtual mentoring, is used.To know more about mentoring program
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what philosophy was widely adopted first by japanese companies and then american companies during the 1980s and early 1990s, and from which the six sigma methodology directly descended?
Total quality management philosophy was widely adopted first by Japanese's companies and then American companies during the 1980s and early 1990s, and from which the six sigma methodology directly descended.
If the "sigmas" are negative, then there are always more errors than there are "sigmas." The more "sigmas" there are, the less errors there are. When using the Six Sigma methodology, the more faults there have, the fewer "sigmas" there are.
All work is viewed as processes that can be defined, monitored, analyzed, improved, and managed from the Six Sigma philosophic perspective. Processes generate outcomes (y) from inputs (x) (y). You can manage the outputs if you manage the inputs. Typically, this is written as y = f. (x).
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assuming the interest on the debt is fully tax deductible, when firms issue more debt, the present value of the tax shield on debt while the present value of the financial distress costs . question 11 options: decreases; increases decreases; decreases increases; increases increases; remains constant decreases; remains constant
When firms issue more debt, the present value of the tax shield on debt, increases while the present value of the financial distress costs also increases. Therefore, the third option is the correct answer for this question.
An individual or company can lower their taxable income by claiming permitted deductions for things like mortgage interest, medical costs, charitable contributions, amortisation, and depreciation. These deductions either lower a taxpayer's taxable income for the current year or postpone paying income taxes until later. Tax shields reduce the total amount of taxes that a business or individual taxpayer must pay.
The phrase "tax shield" refers to a deduction's capacity to exempt certain amounts of the taxpayer's income from taxation. The advantages of tax shields vary from nation to nation and are influenced by the taxpayer's overall tax rate and cash flows for the specific tax year.
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zack's employer promises to pay him a bonus b for each car sold. however, there is a risk that the company will go bankrupt and will not be able to pay its employees. that is, with probability 0.6 the company will survive and will pay the promised bonus; and with probability 0.4 the company will go bankrupt and will pay nothing. zack is risk-neutral, and when he chooses his effort he does not know if the company will go bankrupt or not; he only knows the probabilities. for zack, his effort cost is 3e2. zack's expected utility equals his expected income minus the cost of effort. find the optimal effort e* that maximizes zack's expected utility.
Q = 3e denotes production function. If company survives, Zack will earn b with probability of 0.6, and he will earn 0 with probability of 0.4 if company fails.
What is probability?Probability is a branch of mathematics that deals with calculating the probabilities that a proposition is true or that an event will happen. A number between 0 and 1, with 0 typically signifying impossibility and 1 typically signifying certainty, denotes the likelihood of an event. With increasing probability, an event's likelihood of occurring rises. These concepts have an axioms mathematical formalization in probability theory, which is frequently used in disciplines like statistics, mathematics, scientific knowledge, finance, gambling, artificial intelligence, machine learning, computer programming, game theory, and philosophy to, for example, reasonably deduce expected frequency of events.
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What qualities would ideally suit a monopolistic firm with regard to barriers to entry?
Select one:
a. a few impediments to limit new firms from operating and expanding within the market
b. sufficient strength to prevent or discourage potential competitors from entering the market
c. government rules on prices, quantities, or conditions of entry in an industry
d. government regulations that provide no barriers to entry, exit, or competition
The correct answer is b. sufficient strength to prevent or discourage potential competitors from entering the market.
These obstacles include economies of scale that result in natural monopolies, the management of a physical resource, limits on competition imposed by law, protection of patents, trademarks, and copyrights, and tactics to scare rivals such predatory pricing. These gains ought to spur intense rivalry as outlined in Perfect Competition, but due to one specific monopolistic feature, they do not. Entry barriers are the societal, economic, or technical factors that deter or forbid potential rivals from joining a market. A monopolistic competitive industry has minimal entry requirements, and actions made by any one business do not immediately impact those of its rivals. The price and marketing choices made by the rival firms serve as their points of differentiation.
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what is a major difference between the securities act of 1933 and the securities exchange act of 1934?
The selling and registration of securities are governed under the 1933 Act. After issuance, trading in those securities is governed by the 1934 Act. The Securities Exchange Commission oversees both.
The Securities Act of 1933 was Congress's first shot in the fight against securities fraud. It differs from the Exchange Act of 1934 in that the former focuses on regulating securities issued by companies in what is known as the primary market, whereas the latter primarily deals with the regulation of secondary trading, which takes place between parties unrelated to the issuing companies. Congress mainly targeted the companies that issued securities. Companies that sell securities are known as issuers, and their goal is to raise capital to finance brand-new initiatives, investments, or business expansion. Potential investors must be attracted to these businesses.
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Designing and making custom-made guitars is an example of which of the following processes?
a. Assembly process
b .intermittent process
c. analytic system
d. continuous process
Answer:
Intermittent Process
Explanation:
tryst energy inc. has an average age of inventory of 65 days, an average collection period of 60 days and an average payment period of 65 days. the firm's total annual outlays for operating cycle investments are $3.65 million. assuming a 365-day year, how much financing is required to support its cash conversion cycle? $559,000 $600,000 $700,000 $650,000
$600,000 financing is required to support its cash conversion cycle.
Finance is the have a look at and area of cash, forex and capital property. it's miles associated with, but no longer synonymous with economics, the study of manufacturing, distribution, and consumption of money, assets, items and services (the discipline of economic economics bridges the two). Finance sports take vicinity in financial systems at various scopes, thus the field may be kind of divided into personal, company, and public finance. In a economic system, property are offered, bought, or traded as economic instruments, including currencies, loans, bonds, stocks, stocks, alternatives, futures, and many others.
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bank alpha has an inventory of aaa-rated, 15-year zero-coupon bonds with a face value of $400 million. the bonds currently are yielding 9.5 percent in the over-the-counter market. a. what is the modified duration of these bonds? b. what is the price volatility if the potential adverse move in yields is 25 basis points? c. what is the dear? d. if the price volatility is based on a 90 percent confidence limit and a mean historical change in daily yields of 0.0 percent, what is the implied standard deviation of daily yield changes?
The modified duration of these bonds are 13.6986
What is the difference between duration and modified duration?Modified duration calculates the variation in bond value caused by a 100-basis-point (1% change) in interest rates. The Macaulay duration is an extension of the modified duration; hence, the Macaulay duration must be determined first. The weighted average of the durations of each bond held in a fixed-income portfolio is used to determine its duration.
Given:
a) MD = D/(1 + R) = 15/(1.095) = 13.6986
b) The price volatility = (MD) x (potential adverse move in yield)
= (13.6986) x (0.0025)
= 0.03425 or 3.425 percent.
c. Daily earnings at risk (DEAR) = ($ value of position) x (Price volatility)
Dollar value of position = $400m/(1 + 0.095)¹⁵ = $102,529,350.
Therefore, DEAR
= $102,529,350 x 0.03425 = $3,511,279.
d. Potential adverse move in yields = confidence limit value x standard deviation value.
Therefore, 25 basis points
= 2.33 x σ, and σ = 0.0025/2.33
= 0.001073 or 10.73 basis points.
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which of the following items plays the central role in attracting and motivating employees? a. vacation benefits b. flexible work duties c. compensation d. job sharing arrangements
Compensation plays a central role in attracting and motivating employees.
How can compensation motivate employees?Employees are paid a salary in exchange for doing all tasks assigned to them and are given a steady income. They are encouraged to reach and surpass their goals by the incentive, which can be a commission for salespeople or a bonus for others, and it also gives them the chance to make more money.
This is one of the most important elements affecting employee remuneration. Typically, a profitable and successful business may afford to pay more than the going rate. It can recruit employees of a higher grade in this way. High pay makes workers feel satisfied with their work and motivates them to work more.
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stanley has an automobile insurance policy for which he is billed $220 four times per year. which term is used to refer to that cost? stanley has an automobile insurance policy for which he is billed $220 four times per year. which term is used to refer to that cost? surcharge premium co-payment deductible
Premium is used to refer to that cost? surcharge premium co-payment deductible.
What makes it a premium, and why?In general, a premium is a cost that is incurred above and above some fundamental or intrinsic worth. Relatedly, it is the cost associated with being shielded from a loss, risk, or injury (e.g., insurance or options contracts). The Latin term premium, which originally meant "reward" or "prize," is where the word "premium" comes from.
What is a high-end illustration?Something or someone of greater or superior quality is considered to be premium. An example of the adjective premium in use is premium gasoline, which refers to fuel with a higher octane rating. a cost that is higher than going rates.
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true or false? buyer personas are non-fictional case study examples of your most successful customer.
The given statement is false. Buyer personas are fictitious individuals. This means that you should conduct a thorough behavioral study and data analysis before developing them rather than basing them on assumptions.
Real interviews with living people are essential to collecting relevant information for defining your identity. A buyer persona is the research-based profile of a target consumer. Buyer personas describe the traits of your ideal customers, including their everyday activities, issues they face, and methods of decision-making.
A detailed profile of a consumer in your target market is known as a buyer persona. Although this character is fictional, it is based on careful analysis of your existing or intended audience. A marketing persona, audience persona, or client persona are other names for it.
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under u.s. laws, who has the right to hold an election to choose what union they want to represent them, if any? multiple choice only private workers only public workers most private and public workers only the employer
only private workers under US laws, who has the right to hold an election to choose what union they want to represent them,
Give a detail about election.
A formal process of communal decision-making, an election is how a population choose a person or people to hold public office.
Since the 17th century, elections have been the primary means by which contemporary representative democracies have been governed[1]. Elections may be used to fill positions in the legislature, occasionally in the executive and judicial branches, as well as for regional and municipal governments. Numerous other private and commercial organisations, including clubs, nonprofit organizations, and businesses, also employ this procedure.
The practice in the democratic archetype, ancient Athens, where elections were regarded as an oligarchic institution and the majority of political offices were filled through sortition, contrasts with the widespread use of elections as a tool for choosing representatives in modern representative democracies.
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An account that is not closed at the end of the period is called a(n) temporary account expense account revenue account permanent account /1 pts
The correct answer is Revenue and Expenses accounts are closed to income summary. Income summary is a temporary account which will be closed to retained earnings.
Accounts that remain open at the conclusion of your accounting cycle are known as permanent accounts. You carry over the balances of your permanent accounts from period to period rather than making closing entries. Permanent accounts will essentially always have a cumulative balance that will continue over. A general ledger account that has a zero balance at the start of each accounting year is referred to as a temporary account. The money is then transferred to another account at the end of the year to eliminate the account's balance. Closing entries does this. Nominal accounts is another name for temporary accounts.
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true or false? healthcare organizations should conduct a marketing audit prior to hiring a marketing director.
"Healthcare organizations should conduct a marketing audit prior to hiring a marketing director. " This statement is True.
advertising and marketing is the activity, set of institutions, and approaches for growing, speaking, handing over, and exchanging services that have fee for customers, customers, companions, and society at massive. it's miles, in brief, an motion taken to carry attention to a commercial enterprise' offerings; they may be bodily items for sale or services presented. common examples of advertising and marketing at work include television advertisements, billboards on the side of the road, and mag advertisements.
The significance of marketing in your enterprise is that it makes the customers aware about your products or services, engages them, and helps them make the shopping for decision. furthermore, a marketing plan, part of your business plan allows in creating and keeping call for, relevance, reputation, competition, and so on.
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you have had several instances of product development plans for your company being leaked to other rival companies. which data loss prevention technique can you use to prevent these documents from leaving your organization's networks
Use a content filter to block development documents from being sent outbound have had several instances of product development plans for your company being leaked to other rival companies.
In business and engineering, new product improvement covers the whole system of bringing a new product to marketplace, renewing an current product or introducing a product in a new marketplace. A valuable factor of NPD is product design, along side numerous business considerations.
Product improvement -- additionally known as new product control -- is a sequence of steps that consists of the conceptualization, layout, development and advertising of newly created or newly rebranded items or services. Product improvement includes a product's complete journey -- from the preliminary idea to after its marketplace release. five phases guide the new product development system for small groups: idea technology, screening, concept improvement, product development and, eventually, commercialization.
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18. US researchers said on Wednesday they had calculated _ price of residing in sprawled-out communities.
O a
O the
O None
19. The scientist used _in her experiment.
O Nitrogen (capitalized)
O nitrogen (not capitalized)
20. "Are you _?" she asked.
O alright
O all right
(18) The correct response is option (2), the.
(19) The correct response is option (1), Nitrogen (capitalized).
(20) The correct response is option (1), alright.
What is Nitrogen?The periodic table's element Nitrogen is significant. It is symbolized by the letter "N." Nitrogen has an atomic number of 11. It is the primary component of the atmosphere and is in the gaseous state. 74% of the atmosphere is composed of nitrogen, which is a crucial element.
Because it limits a noun's meaning to one specific thing, the is regarded as a definite article. A definite article is one that provides a noun a clear definition. Definite articles are typically used to indicate nouns that the audience is familiar with.
"Alright" can be used as an adjective to indicate that a subject is "fine," as an adverb to denote "well," or it can convey a one-word exclamation akin to "OK."
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morally speaking, business must be sensitive to its impacts on the physical environment primarily because of the a. fiscal obligations a business has to its stockholders. b. intrusion into an ecosystem frequently causes favorable effects. c. interdependence of an ecosystem's elements. d. possible public perception of negligence and potential legal implications.
Because the components of an ecosystem are interdependent, business must be mindful of its effects on the physical environment. Hence, Option C is correct.
Ecosystems are made up of both biotic (or alive) and abiotic (or nonliving) components. All live creatures in an ecology are referred to as "biotic components," whereas "abiotically" refers to non-living items.
These biotic and abiotic interactions keep the environment's equilibrium. Rocks, temperature, and humidity are examples of abiotic variables. In an ecosystem, every component is dependent on every other component, either directly or indirectly.
The business ecosystem essentially consists of a network of connected businesses that compete and collaborate with one another to increase sales and survive. Suppliers, distributors, consumers, the government, processes, goods, and rivals are all part of an ecosystem.
Therefore, Option C is correct.
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suppose the marginal cost of an appointment is $100 and the market is perfectly competitive. answer all of the following questions twice: once considering a market without medical insurance and once considering a market with medical insurance. b. how many physician appointments will the typical patient have each year without and with insurance?
Consider a market where there is perfect competition and the marginal of an interview is $100. A sector without medical insurance is taken into consideration twice, followed by a sector without medical insurance.
How does medical work?Bauer, Ph . d A doctor of osteopathic, or D.O., is a fully qualified and credentialed medical professional. A U.S. osteopath medical school awards a doctor of chiropractic medicines degree. An M.D., or doctor of medicine, is a graduate of a conventional medical school.
Which is better, Medicare or medical?Regardless of income, Medicare covers people over 65 or those who have severe disabilities, whereas Doctor (California's government and subsidized Medicaid program) covers pregnant women and families with really low incomes.
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There are seven commonly used organizational buying criteria. One of them is __________.
price
loyalty
flexibility
adaptability
consumer demand
There are seven commonly used organizational buying criteria. One of them is Price.
What are the seven most frequently used buying criteria for organizations?Price, ability to meet the item's quality requirements, ability to meet the needed delivery schedule, technical capability, warranties, and claim procedures, past performance on prior contracts, production facilities, and capacity are some of the often utilized criteria.
The majority of people will respond with "safety" when asked what is most important when selecting an airline. Because safety is assumed, if you ask the same person what criteria they use to purchase a ticket, their response will not be "safety." Safety is a must-have. Buying criteria can include anything from: price, delivery speed, service availability, manufacturing location, etc. You should also be aware of how much weight each criterion has in relation to the market. Although the speed of delivery is more important than the low price, it could be a criterion.
There are seven commonly used organizational buying criteria. One of them is Price.
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alicia has a portfolio consisting of two stocks, x and y, which is valued at $95,300. stock x is worth $65,700. what is the portfolio weight of stock y?
XY = ($89,100 - $57,800)/$89,100 = .351 is the portfolio weight of stock y.
What is portfolio ?A portfolio is a collection of the company's products, services and achievements. The goal of a business portfolio is to increase a company's presence in the market, attract more customers, and show how the company differs from its direct competitors in the market. A business portfolio is defined as a collection of products, services and other business lines. The portfolio is the organization's accessible set of resources that it uses to achieve its goals.It consists of investments, holdings, products, companies and brands. Corporate Portfolio refers to a company's list of assets. The term includes, for example, startup devices and machines. A product portfolio, on the other hand, is linked to a company's physical inventory of items. A portfolio is a set of photographs of images of people or examples of work that you use when entering a competition or applying for a job.To learn more about portfolio from the given link:
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before selling bonds to investors, matteo's company must provide audited financial statements and a detailed description of the terms of the bonds. by doing so, which federal regulation is he complying with?
Governments or businesses utilize bonds, commonly referred to as fixed income instruments, to borrow money from investors. Bonds are generally issued to raise money for particular projects.
What is meant by bond?By issuing a bond, a borrower promises to reimburse a lender for the loan's principal and, typically, interest. Authorities, localities, and businesses all issue bonds.
Bonds are investment securities in which a buyer lends money for a predetermined time to a business or the government in return for regular interest payments. The bond's issuer will give the investor their money back when the bond matures.
An investor makes a loan to a borrower, such as a business or the government, in the simplest terms possible.
The borrower uses the funding to support its operations, and the investor makes a profit from the investment through interest. Bonds' market values are subject to fluctuations.
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g the statement of cash flows is needed to show the total change in cash and the reasons for the change true false
It is true that the statement of cash flows shows how the cash balance changed during a specific time period. Cash flows from operating, investing, and financial operations are displayed.
What Are the Steps in Cash Flow?
Cash flow is the difference between the net amount of money and money equivalents that enters and leaves a business. Inflows and outflows are represented, respectively, by money received and expended.
An illustration of cash flow
Cash flow from operations includes expenditures made in the regular course of business. These cash outflows include things like payroll, the price of goods sold, rent, and energy costs. Cash outflows may vary considerably when corporate operations are highly seasonal.
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1.An increase in the price of a good will
a. increase demand.
b. decrease demand.
c. increase quantity demanded.
d. decrease quantity demanded.
2.An increase in the price of a good will
a. increase supply.
b. decrease supply.
c. increase quantity supplied.
d. decrease quantity supplied.
3.An increase in price causes an increase in total revenue when demand is
a. elastic.
b. inelastic.
c. unit elastic.
d. All of the above are possible
4.Which of the following could be the price elasticity of demand for a good for which an increase in price would decrease revenue?
a. 0.6
b. 0.9
c. 1
d. 2.6
5.Other things equal, when the price of a good falls, the
a. quantity supplied of the good increases.
b. supply decreases.
c. quantity supplied of the good decreases.
d. demand increases.
1. An increase in the price of a good will decrease quantity demanded.
What is the price elasticity of demand?A good or service's price elasticity of demand is calculated by dividing the percentage change in the quantity demanded by the percentage change in the price. The relationship between price and demand is evaluated using the price elasticity of demand to determine how changes to one will impact the other. Consumer demand will react differently to price changes for every product. Thus, it's crucial to comprehend those variations when making crucial pricing decisions.
2. An increase in the price of a good will increase quantity supplied.
3. An increase in price causes an increase in total revenue when demand is inelastic.
4. The price elasticity of demand for a good for which an increase in price would decrease revenue 2.6
5. Other things equal, when the price of a good falls, the quantity supplied of the good increases.
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When licensed agent submits a renewal application with applicable fee on or before expiration date:
When a licensed agent submit a renewal application with applicable fees on or before the expiration date---After the specified expiration date, the agent will be able to continue working for up to sixty days.
What is meant by "application fee?"A fee imposed by some lenders for accepting an application. It may or may not cover additional expenses like a credit report or property appraisal, and it may or may not be refunded if the lender denies the loan.
Licensed agent:When selling a product, service, or property, licensed agents act as authorized brokers on behalf of an individual owner or organization. A licensed agent can pursue careers in a variety of fields, including banking, insurance, and real estate.
What is an agent's significance?In legal jargon, an agent is a person who has been given the legal authority to act on behalf of another person or entity. A specialist might be utilized to address a client in talks and different dealings with outsiders. The specialist might be given dynamic power.
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12. The Code requires that REALTORS® respect:
a. only exclusive relationships REALTORS® have with their clients.
b. all relationships¸ whether exclusive or non-exclusive¸ that REALTORS® have with their clients.
c. non-exclusive relationships other REALTORS® have with customers.
d. exclusive relationships other REALTORS® have with their clients.
13. The Code prohibits:
a. exaggeration¸ misrepresentation and concealment of pertinent facts about the property or the transaction.
b. solicitation of licensees in other firms.
c. taking unfair advantage over other REALTORS®.
d. filing complaints against other licensees in the same firm.
14. Licensees can generally rely on the statements of the seller (such as in a Seller Disclosure Statement) unless the licensee has reason to believe the information is not true.
a. True
b. False
The Code requires that REALTORS respect (D) exclusive relationships other REALTORS® have with their clients.
The Code prohibits (A) exaggeration¸ misrepresentation and concealment of pertinent facts about the property or the transaction.
The statement is True that Licensees can generally rely on the statements of the seller
12) The details provided According to the Code, REALTORS must respect complaints made against other licensees working for the same company. Exaggeration, false representation, and the withholding of important information concerning the real estate or the transaction.
13) Our Code of Ethics prologue includes the Golden Rule. A stockbroker who says, "I will work with you," can anticipate receiving a collaboration fee from the other broker. The public's buying and selling are shielded by an ethics code.
14) Indian Code: Protection of Human Rights Act 1993: Public policy, according to Guy Peters, is "a set of steps performed by governments with the intention of It effectively says that the intent behind the law's introduction was to influence or bring about some change.
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our confidence in the acceptability of paper money is strengthened because the government has designated currency as what?
Our confidence in the acceptability of paper money is strengthened because the government has designated currency as legal tender.
Legal Tender:Within a specific political jurisdiction, legal tender refers to currency that is accepted legally.Laws governing legal tender effectively forbid the economy from using anything other than the recognized forms of payment.In addition to the economic purposes of money, legal tender also enables the manipulation of currencies and monetary policy.A statute that designates something as legal tender and the organization that is permitted to produce and issue it to the general public, such as the U.S. Treasury in the United States or the Royal Canadian Mint in Canada, are specified in the law that establishes legal tender.Learn more about Legal tender, here
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customer relationship management is the process of learning as much as possible about present customers and doing everything you can over time to satisfy them or even exceed their expectations with goods and services. group of answer choices true false
Customer relationship management is the process of gathering as much information as you can about your current clients and making every effort to meet or even surpass their needs in terms of products and services throughout time.
Define Customer relationship management.Customer relationship management, a technique used by businesses and other organizations to manage their connections with customers, frequently entails evaluating a large amount of data through data analysis.
All communications and relationships between your company's customers are managed using a program called customer relationship management (CRM). The goal is simple: develop business relationships in order to grow your firm. Customer relationship management ultimately tries to create enduring, mutually beneficial relationships with consumers by fulfilling their demands and expectations.
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